Coastal Energy Company, an independent exploration and production company with assets in Thailand, announces an update of its offshore operations. The company has drilled two additional producing wells and one water injection well at Bua Ban North. One of the producing wells was drilled horizontally
In connection with Noreco’s drilling scope at the Luna-1 site (license 1/11) in the Danish North Sea sector, Blue Water Shipping has been awarded the offshore base contract in Esbjerg. “We are very proud to have been awarded this contract. Currently, we are performing all base activities, handling a
Last month, the ultra-deepwater cylindrical drilling unit Sevan Brasil built by COSCO Nantong Shipyard, was launched and set sail towards its anchorage. Considerable planning was required by COSCO Nantong Shipyard to overcome difficulties associated with the vessel’s deep draft combined with a shall
Pacific Drilling S.A. has reached an agreement with with South Korea’s shipbuilder Samsung Heavy Industries to extend an option to construct a seventh ultra-deepwater drillship until March 2, 2012, on the same commercial terms including a delivery date of May 17, 2014. Pacific Drilling is a growing
Genesis has been awarded an Enterprise Framework Agreement by Shell Global Solutions International B.V., covering Subsea Umbilical Risers and Flowlines (SURF), Engineering and Project Management Services. The contract duration is 5 years, with the option to extend for an additional 5 years and will
Neptune Marine Services Limited has reported a net profit after tax from operations of $1.3 million for the first half ended 31 December 2011. The Company reported an EBITDA for the half of $3.7 million. Revenue increased by 5.6 per cent on the previous corresponding period to $60.5 million. The Com
Solstad Offshore won the Environmental award at the Annual Offshore Support Journal (OSJ) 2012 event. The company won the prize for its Green Operations initiative, which has seen the company work with the Rainforest Foundation Norway to reduce emissions and provide funds towards protecting the rain
ExxonMobil’s affiliate EMEPRL Corporation and OMV Petrom SA, the 51% subsidiary of OMV Aktiengesellschaft, today confirmed a potentially significant gas discovery in the Black Sea offshore Romania. Operated by ExxonMobil, the Domino-1 well is the first deep water exploration well offshore Romania an
Shah Deniz consortium in Azerbaijan lead by BP and SOCAR has selected Trans Adriatic Pipeline over the ITGI (Interconnector Turkey-Greece-Italy) as the pipeline route for Caspian natural gas. The pipeline will carry gas from Shah Deniz field located in the Caspian Sea to Italy and further to Western
Singapore’s Ezion Holdings Limited has sealed a charter contract with a value of up to USD 118 million over a 3 year period to provide a service rig to be used by a European based multinational oil company to support its oil and gas activities in offshore Myanmar. The Service Rig is expected to be [
ABB, the leading power and automation technology group, has won an order from ship owner Myklebusthaug Management to supply the first ever direct current (DC) power grid on board a ship. The equipment will allow a new offshore platform support vessel, under construction at Kleven Maritime in Norway,
Shell’s subsidiary, Shell Bidco has placed a bid £992.4 million (USD 1.56 billion) to acquire the entire issued and to be issued share capital of UK headquartered Cove Energy. The bid comes one month after the decision announced by Cove to conduct a formal sale process for the company. Shell Bidco i
Woodside, an independent Australian oil and gas company and one of the world’s leading LNG producers, today reported a full-year profit after tax of $1,507 million, underpinned by continued strong performance from the North West Shelf (NWS) Project and higher revenues. The full-year net profit dropp
Shell announces today that Malcolm Brinded has agreed to step down as an Executive Director of the Company with effect from 1 April 2012. Mr Brinded has agreed to remain at Shell until 30 April 2012 in order to assist with the transition of his responsibilities. Mr Brinded is currently Executive Dir
